Cairo – Mubasher: The Egyptian Exchange (EGX) saw an upward trend early Wednesday, bolstered by foreign and Arab buying.
By 10:15 am Cairo time, the benchmark EGX30 index inched up 0.03% or 4.8 points to 14,927.65.
The small- and medium-caps EGX70 index went up 0.16% to 827.68 points, while the broader EGX100 index added 0.11% to 1,963.74 points.
The equal-weighted EGX50 index remained stable at 2,560 points.
Meanwhile, trading volume reached 6.2 million shares exchanged at a turnover of EGP 29.12 million through 950,000 transactions.
Egyptian traders were mostly sellers, netting EGP 3.08 million, while foreign and Arab traders were net buyers with EGP 1.7 million and EGP 1.2 million, respectively.
The heavyweight Commercial International Bank (CIB) fell 1.27% to EGP 75.3 at a turnover of EGP 10,000.
